Asia File Corporation Bhd
Market Cap
RM457.7m
Last Updated
2021/03/05 11:04 UTC
Data Sources
Company Financials
Executive Summary
Asia File Corporation Bhd., an investment holding company, engages in the manufacturing and marketing of filing and stationery products in Malaysia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and good value.
Share Price & News
How has Asia File Corporation Bhd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASIAFLE is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ASIAFLE's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-3.8%
ASIAFLE
-6.9%
MY Commercial Services
-0.6%
MY Market
1 Year Return
17.3%
ASIAFLE
135.3%
MY Commercial Services
10.5%
MY Market
Return vs Industry: ASIAFLE underperformed the MY Commercial Services industry which returned 144.4% over the past year.
Return vs Market: ASIAFLE exceeded the MY Market which returned 10.2% over the past year.
Shareholder returns
| ASIAFLE | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.8% | -6.9% | -0.6% |
| 30 Day | 5.5% | 7.4% | 1.8% |
| 90 Day | 15.0% | 35.4% | -0.6% |
| 1 Year | 17.3%17.3% | 138.9%135.3% | 14.1%10.5% |
| 3 Year | -11.3%-19.9% | 184.8%168.4% | -1.2%-10.2% |
| 5 Year | -38.7%-49.8% | 200.9%164.3% | 12.2%-6.3% |
Long-Term Price Volatility Vs. Market
How volatile is Asia File Corporation Bhd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Calculating The Fair Value Of Asia File Corporation Bhd. (KLSE:ASIAFLE)3 weeks ago | Simply Wall St
Is Asia File Corporation Bhd (KLSE:ASIAFLE) A Risky Investment?1 month ago | Simply Wall St
Asia File Corporation Bhd's (KLSE:ASIAFLE) Shareholders Are Down 57% On Their SharesValuation
Is Asia File Corporation Bhd undervalued compared to its fair value and its price relative to the market?
18.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASIAFLE (MYR2.35) is trading below our estimate of fair value (MYR2.83)
Significantly Below Fair Value: ASIAFLE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ASIAFLE is good value based on its PE Ratio (13.7x) compared to the MY Commercial Services industry average (25.1x).
PE vs Market: ASIAFLE is good value based on its PE Ratio (13.7x) compared to the MY market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASIAFLE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASIAFLE is good value based on its PB Ratio (0.7x) compared to the MY Commercial Services industry average (1.3x).
Next Steps
Future Growth
How is Asia File Corporation Bhd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
22.9%
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Asia File Corporation Bhd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Asia File Corporation Bhd is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Commercial Services industry.
Past Performance
How has Asia File Corporation Bhd performed over the past 5 years?
-14.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASIAFLE has high quality earnings.
Growing Profit Margin: ASIAFLE's current net profit margins (13.2%) are higher than last year (13.1%).
Past Earnings Growth Analysis
Earnings Trend: ASIAFLE's earnings have declined by 14.3% per year over the past 5 years.
Accelerating Growth: ASIAFLE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASIAFLE had negative earnings growth (-18.3%) over the past year, making it difficult to compare to the Commercial Services industry average (-19.7%).
Return on Equity
High ROE: ASIAFLE's Return on Equity (5.2%) is considered low.
Next Steps
Financial Health
How is Asia File Corporation Bhd's financial position?
Financial Position Analysis
Short Term Liabilities: ASIAFLE's short term assets (MYR401.0M) exceed its short term liabilities (MYR50.1M).
Long Term Liabilities: ASIAFLE's short term assets (MYR401.0M) exceed its long term liabilities (MYR16.9M).
Debt to Equity History and Analysis
Debt Level: ASIAFLE's debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: ASIAFLE's debt to equity ratio has reduced from 7.1% to 3.5% over the past 5 years.
Debt Coverage: ASIAFLE's debt is well covered by operating cash flow (231.9%).
Interest Coverage: ASIAFLE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Asia File Corporation Bhd current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASIAFLE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASIAFLE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ASIAFLE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASIAFLE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ASIAFLE is not paying a notable dividend for the MY market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASIAFLE's dividend in 3 years as they are not forecast to pay a notable one for the MY market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
14.0yrs
Average management tenure
CEO
Soon Lim (63 yo)
no data
Tenure
RM1,139,000
Compensation
Mr. Lim Soon Huat serves as the Chief Executive Officer of Asia File Products Sdn. Bhd. Mr. Lim has been the Non-Independent Executive Chairman of Asia File Corporation Bhd., since July 16, 2001 and serves...
CEO Compensation Analysis
Compensation vs Market: Soon's total compensation ($USD280.70K) is above average for companies of similar size in the MY market ($USD143.88K).
Compensation vs Earnings: Soon's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Executive Chairman | no data | RM1.14m | 46.72% MYR 213.8m | |
| Chief Financial Officer | no data | no data | 0.85% MYR 3.9m | |
| Business Operation Manager | no data | no data | no data | |
| Managing Director of Premier Stationery Limited | 24.17yrs | no data | no data | |
| Managing Director of Plastoreg Smidt GmbH | 18.17yrs | no data | no data | |
| Joint Secretary | 9.83yrs | no data | no data | |
| Joint Secretary | 9.83yrs | no data | no data |
14.0yrs
Average Tenure
61yo
Average Age
Experienced Management: ASIAFLE's management team is seasoned and experienced (14 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Executive Chairman | no data | RM1.14m | 46.72% MYR 213.8m | |
| Independent Non-Executive Director | 8.75yrs | RM40.00k | no data | |
| Independent Non-Executive Director | 21.92yrs | RM40.00k | no data | |
| Senior Independent Non-Executive Director | 8.67yrs | RM48.00k | no data |
14.2yrs
Average Tenure
62yo
Average Age
Experienced Board: ASIAFLE's board of directors are seasoned and experienced ( 14.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Asia File Corporation Bhd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Asia File Corporation Bhd.
- Ticker: ASIAFLE
- Exchange: KLSE
- Founded: 1994
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: RM457.684m
- Shares outstanding: 194.76m
- Website: https://www.asia-file.com
Location
- Asia File Corporation Bhd.
- Plot 16
- Kawasan Perindustrian Bayan Lepas
- Bayan Lepas
- Pulau Pinang
- 11900
- Malaysia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ASIAFLE | KLSE (Bursa Malaysia) | Yes | Ordinary Shares | MY | MYR | Apr 1996 |
Biography
Asia File Corporation Bhd., an investment holding company, engages in the manufacturing and marketing of filing and stationery products in Malaysia. The company offers plastic folders, sheet protectors, fl...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 11:04 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.